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Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
Morocco Helps Rwanda Set up its Pharmaceutical Plant
Cooper Pharma, a Moroccan pharmaceutical company launched works to build a $6-million plant at the Kigali Special Economic Zone. The plant, which was supported by Rwanda Development Bank, is part of the deals signed during King Mohammed VI visit to Kigali, in October 2016. The plant will locally produce drugs that include beta-lactam antibiotics in […]
Libya: Release of prisoners, a first step towards national reconciliation
The release of more than 100 prisoners held since the start of Field Marshal Khalifa Haftar’s abortive offensive to seize the capital in 2019, was welcomed locally and by the United Nations. The prisoners’ release on Wednesday was the result of an initiative of the Zawia City Dialogue Committee under the banner “For the […]



